Energy Recovery Ventilator Market Size to Reach US$ 10.73 Billion by 2032, Driven by Increasing Awareness of Indoor Air Quality & The Need for Energy-Efficient Ventilation Solutions | Research by S&S Insider
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The Energy Recovery Ventilator (ERV) market is projected to reach $10.73 billion by 2032, driven by increased awareness of indoor air quality and the need for energy-efficient ventilation solutions. Urbanization and stricter building codes are encouraging the adoption of ERVs in both commercial and residential sectors.
November 13, 2024 | 2:15 pm
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Energy Recovery Inc. (ERII) is likely to benefit from the growing ERV market, projected to reach $10.73 billion by 2032, due to increased demand for energy-efficient ventilation solutions.
ERII is a key player in the energy recovery ventilator market. The projected growth to $10.73 billion by 2032 indicates a rising demand for their products, driven by urbanization and stricter building codes. This is likely to positively impact ERII's revenues and market position.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80